Sun Pacific Holding Corp (SNPW)

[powerbattles]

$SNPW why even bother to dilute when the company just announce payoff all the toxic noteholders? Furthermore, Why the need to collecting a few coins chump change? This doesn't making any sense at all. Let's not forget they have $2,892,827 cash balances held in escrow at UMB Bank, NA plus $8,725,000 NON-DILUTIVE UMB Bank LOAN. $4.5 million bond officially approval. $12.6 million bond about to get approval on 12/18/2019 That's a total $28,717,827

Logic tell me they no longer need toxic dead financing. Matter of fact they will never do deal with toxic lender again. After the MERGE Nich do everything in his power to clean up the house. He even put up million dollar home and sign the forbearance value $648,400 worths five year of his earning for the collateral. Why now he want to destroy everything he work for by do deal with toxic dead spiral?

Look pathetic to see only one small T-trade appear since Oct and people get sudden uncontrollable, fear anxiety, scared and panic widely unthinking behavior. Well, You haven't been reading...

“We are pleased that we have received the last notice of conversion in satisfaction of our EMA convertible debt. We believe this action should relieve excessive selling pressure on the trading of SNPW shares in the market. This final conversion of common stock, coupled with the recent settlement of our convertible debt with Auctus Fund, LLC, substantially concludes the convertible debt arrangements that we had entered into with EMA and Auctus in 2018. While these funding agreements were necessary to allow Sun Pacific to move forward with its business plans, we are glad that they have come to an end.”


The increasing the share in Oct is the Final Conversion of Common Stock in Settlement of its Convertible Debt with EMA Financial, LLC
After that the company announces the dilution come to an end.